NEW ORLEANS - BP PLC and plaintiffs in the federal multidistrict litigation in Louisiana for claims arising from the explosion of the Deepwater Horizon rig and ensuing oil spill in the Gulf of Mexico jointly filed for preliminary court approval for two separate class settlement agreements on April 18;...

NEW ORLEANS - The Louisiana federal judge overseeing the multidistrict litigation for claims arising from the explosion of the Deepwater Horizon rig and ensuing oil spill in the Gulf of Mexico gave preliminary approval for two separate class settlement agreements on May 2, one resolving certain economic...

NEW ORLEANS - BP PLC announced Nov. 15 that it would plead guilty to a dozen felony charges brought by the federal government and pay $4.5 billion in penalties over its involvement in the explosion of the Deepwater Horizon oil rig and ensuing oil spill in the Gulf of Mexico.
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NEW ORLEANS - General maritime negligence law claims brought by fishermen against rescue vessel owners and operators that extinguished the fire on the Deepwater Horizon oil rig before its explosion were properly dismissed due to a lack of foreseeability, a Fifth Circuit U.S. Court of Appeals panel ruled...

NEW ORLEANS - A federal judge in Louisiana on Jan. 29 approved BP Exploration & Production Inc.'s offer to plead guilty to 11 counts of manslaughter and pay $4.5 billion in criminal penalties for its role in the explosion of the Deepwater Horizon oil rig on April 20, 2010, and ensuing oil spill...